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Louyet Ath

Active
Public limited companyfounded 1980active for 45 yearsChaussée de Bruxelles(M.E) 375, 7822 Ath, BelgiumKBO/BCE: BE 0421.101.645
Summary

The computed 12-month bankruptcy probability of Louyet Ath is 3.9% (moderate). The 2024 annual accounts show equity of €1.4m and a net result of €337,623. Equity is growing by about 2.9% per year across the filed financial years. Its solvency ranks better than 27% of 6,487 sector peers (NACE 47, financial year 2024). The company has been active since 1980 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Activity
Retail sale of cars and light vans (up to 3.5 tonnes)
NACE 47811
6th fastest staff growth in Ath, Wholesale and retail trade sector1 site
Size
€23.9mturnover 2024
Staff
24.5 FTE
Equity
€1.4m
Profit
€337,623
Financial health
48 Fair Checked score 2024
Bankruptcy probabilitywithin 12 months
3.9%
Structure
Parent
DEPOTTER HOLDING · 100%
Holdings
2
  • L. LOUYETManaging director · permanent representative LOUYET Léon Camille Joseph
  • L for LManaging director · permanent representative LOUYET Laurent
Auditor: Forvis Mazars Réviseurs d'Entreprises - BedrijfsrevisorenAccounts 74 days overdue2 of 11 deeds read
Why 48raises riskLiquidity: current ratio 0.96, cash €39,439Figures for financial year 2024 (filed 05-10-2025)Equity €1.4m (14.7% of total assets)Size: turnover €23.9m, 24.5 FTE, total assets €9.5mShow the evidence

Checked score

Score 2024
48 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially better than 39% of its sector peers (NACE 47, small)
Financial strength · tick = 2023
Weak
Solvency 40+4
equity 14.7% of total assets
Liquidity 4+2
short-term debt 84.9% · cash 0.4%
Profitability 57+17
return on assets 3.6%
Bankruptcy probability, 12 months
3.9% Moderate
0%0.5%1.5%4%10%≥ 25%

About 4 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.4% (3,695 companies, NACE 47, small)
Last 24 months 11-2024: 2.9% 12-2024: 3.3%▲ +0.4 percentage points vs 11-2024 01-2025: 4.7%▲ +1.4 percentage points vs 12-2024 02-2025: 4.7%● unchanged vs 01-2025 03-2025: 2.7%▼ -2.0 percentage points vs 02-2025 04-2025: 2.7%● unchanged vs 03-2025 05-2025: 2.7%● unchanged vs 04-2025 06-2025: 2.8%▲ +0.1 percentage points vs 05-2025 07-2025: 3.2%▲ +0.4 percentage points vs 06-2025 08-2025: 3.8%▲ +0.6 percentage points vs 07-2025 09-2025: 4.3%▲ +0.5 percentage points vs 08-2025 10-2025: 5.4%▲ +1.1 percentage points vs 09-2025highest value 11-2025: 1.8%▼ -3.6 percentage points vs 10-2025 12-2025: 1.8%● unchanged vs 11-2025 01-2026: 1.8%● unchanged vs 12-2025 02-2026: 1.8%● unchanged vs 01-2026 03-2026: 1.8%● unchanged vs 02-2026lowest value 04-2026: 1.8%● unchanged vs 03-2026lowest value 05-2026: 1.8%● unchanged vs 04-2026 06-2026: 1.8%● unchanged vs 05-2026 07-2026: 1.8%● unchanged vs 06-2026 08-2026: 2.7%▲ +0.9 percentage points vs 07-2026 09-2026: 3.1%▲ +0.4 percentage points vs 08-2026 10-2026: 3.9%▲ +0.8 percentage points vs 09-2026
Credit of up to €65,000 on 30-day terms, only on tighter conditions: an expected filing is missing beyond Checked's processing allowance
Liquidity insufficient (current ratio 0.96, compared with 0.92 in 2023, below 1; short-term debt: 84.9% and cash: 0.4% of total assets), and 85.3% of the assets are financed with debt and provisions.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 47, small): better than 28% on solvency, 4% on liquidity, 38% on profitability and 84% on growth.

The bankruptcy probability was computed on 12-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Six signals.
raises riskneutral
raises risk · Liquidity: current ratio 0.96, cash €39,439
NBB · annual accounts
raises risk · Figures for financial year 2024 (filed 05-10-2025)
NBB · annual accounts
raises risk · Equity €1.4m (14.7% of total assets)
NBB · annual accounts
raises risk · Size: turnover €23.9m, 24.5 FTE, total assets €9.5m
Companies of this size fail more often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
raises risk · Annual accounts not filed
The financial year that closed on 31-12-2025 was due at the National Bank by 31-07-2026. Nothing is on record, 74 days later.
NBB · 10 filings
Position against the passed deadline
31-12-2025 year end31-07-2026 deadline13-10-2026 today
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 05-10-2025, 66 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 10 filings
Deviation from the deadline
2025
not filed
2024
66 days late
2023
208 days late
2022
37 days late
2021
25 days late
2020
85 days late
2019
147 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 6 accounts on average 95 days after the deadline; the sector median (NACE 47) for financial year 2024 is on the deadline day, and 47% of those companies filed late.

Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Reappointment: Forvis Mazars Réviseurs d'Entreprises -…Appointments: L for L (sole…
  2. Resignations: Anne-Sophie DEPOTTER (director) and Jean-Claude…Appointments: L FOR L (director)…
  3. Annual accounts filedfinancial year 2024 · full…

Key points

  • Positive: Result rose in 2024from €24,922 to €337,623 ▲ 1,255% View
  • Caution: Board changedlatest change 08-06-2026 · 2 in office 2 joined · 2 left View
  • Caution: Accounts not fileddeadline was 31-07-2026 74 days late View
  • Positive: Among the best 12% on net resultsector median €32,436 · 6,489 companies €337,623 View
  • Controlled by DEPOTTER HOLDINGthe company in turn controls 2 companies 100% View
  • Positive: 7 profitable years in a rowprofit 2024: €337,623 7 years View
  • Active since 1980founded 18-12-1980 45 years View

By topic

Financials

Financial year
2024
Turnover
€23.9m
Profit
€337,623
Solvency
14.7%
Turnover▲ 12.6%
Net result
20182024
Go to Financials

Board & ownership

Board
2 members
Parent
DEPOTTER HOLDING · 100%
Auditor
Forvis Mazars Réviseurs d'Entreprises…
  • L. LOUYETManaging director
  • L for LManaging director
Go to Board & ownership

Timeline

Events
49
Since
1982
  1. 24-02-2025Annual accounts filed
  2. 31-12-2024Highest result from 2018 to 2024
  3. 06-09-2023Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Public limited company
Activity
Retail sale of cars and light vans (up…NACE 47811
Founded
18-12-1980
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

Articles of association

Provisions read
42
Who signs
The sole director
Financial year
From 1 October to 30 September
Annual meeting
Third Thursday of March at 09:00
Purpose
“L’exploitation de garage pour véhicules automobiles, entre autres la vente, l’achat de…” (deed in French)
Go to Articles of association

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